James Comtois

The Atlanta-based multifamily specialist has received its first sizeable mandate to seek out Class A and B+ multifamily real estate throughout the Southeast and mid-Atlantic regions in the US.

The San Francisco-based firm has garnered $203 million in equity commitments on behalf of its KHP Fund III, which will be used to target hotel properties in North America.

Immediately after putting its ‘National Office Portfolio’ up for sale, the Los Angeles-based firm is now putting an even larger portfolio of US offices on the market.

Hallandale, Florida-based Beacon Investment Properties is poised to purchase the IDS Center in downtown Minneapolis for $255 million. The deal comes on the heels of Angelo Gordon and City Center Realty Partners buying a nearby downtown tower for nearly $44 million.

The Minneapolis-based alternative investment manager has provided $421 million in US and Canadian properties towards the IPO of Agellan Commercial REIT, giving CarVal a 26.5 percent interest in the new Canadian REIT.

The New York-based real estate investment manager has bought an eight-story asset located at 701 8th Street for nearly $100 million.

The $21 billion state workers compensation fund continues to invest in non-core real estate by committing $50 million to Los Angeles-based Latitude Management’s third value-added real estate fund.

Hanna Capital has bought a 10 percent stake in the Atlanta-based multifamily specialist to help accelerate its growth.

In a keynote speech at the PREA/IPD US Property Fund Index launch, Blackstone’s global head of real estate told attendees that we may see an increased interest in riskier assets.

The $16 billion pension plan has contributed $40 million to AEW Partners VII and $50 million to Harrison Street Real Estate Partners IV.